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Deutsche Bank trades highest volumes on Indonesia’s first interbank FX engine

Refinitiv is a subsidiary of London Stock Exchange Group

Morgan Stanley enlists bankers to mentor recruits from underprivileged backgrounds

The socioeconomic background of potential candidates has long been a sticking point in the sector in the UK

Deutsche Bank lures CoCo investors

On Monday, Deutsche became just the second issuer of Additional Tier 1 bonds since the Ukrainian crisis.

EBRD to close its offices in Moscow and Minsk

We continue to offer our unwavering support to Ukraine and have already agreed an initial €2 billion package

Deutsche Bank to Exit Russia, Says There Will Be No New Business There

The financial conglomerate reaffirmed its support for the German government and its allies in “defending our democracy and freedom.”

Two U.S. Banks Exit Russia

Credit Suisse, which has 125 employees in wealth management and investment banking, and UBS with its workforce of 50 people in Russia, have not made statements in this regard so far.

EBRD unveils €2 billion resilience package in response to the war on Ukraine

Women, children and the elderly make up the majority of displaced citizens, and municipal authorities face huge challenges in managing the influx of people.

Credit Agricole Says Russia, Ukraine Exposure Is Limited, Backs Dividend Plans

The commercial lending commitments for Russia as of 31 December 2021 amount to approximately 0.45% of Crédit Agricole S.A.’s commercial lending portfolio

SocGen fears confiscation of Russia assets as banks prepare for worst

Italy's biggest bank Intesa Sanpaolo, meanwhile, is conducting a strategic review of its presence in Russia following Moscow's invasion of Ukraine, a spokesperson said.

Danske Bank tests quantum communication for data transfer

This means it can be used in the bank’s network, offering a path for future data security and the race against cyber criminals, says a statement.

EIB and Banco Montepio Group to support companies with €414 million

The agreement is supported by the European Guarantee Fund, part of the €540 billion package of EU measures deployed in response to the economic impact caused by COVID-19.

EBRD invests €8.7 million in Qair’s inaugural green bond issue to support solar and wind projects

Qair has pledged to invest at least twice the EBRD’s proceeds, into greenfield solar and wind projects in EBRD countries of operation in the next 36 months.

Oaktree hires Morgan Stanley to find investor in Italy's Banca Progetto

Oaktree has since worked to relaunch Progetto by turning its lending business digital and is now looking for bids valuing the bank at ten to more than 12 times its 2021 profit of 41 million euros, the sources said.

EBRD backs digital platform to boost private-sector investment in Tunisia

As the pandemic intensified, investment agencies in various countries turned to digital tools to promote their services more successfully.

Intesa Sanpaolo Invests £40 Million into Thought Machine and Selects Vault to Power New Digital Banking Platform

Intesa Sanpaolo has selected Thought Machine’s core banking engine

Agricole beats profit target a year early

Prudent provisioning of performing loans maintained against a backdrop of macro uncertainties.

Exclusive Financial Advisor to BDB on its sale to Brown & Brown

This follows Oppenheimer advising Agora Syndicate on the completed sale to IQUW, owned by Aquiline and Abry Partners.

ABN Amro Profit Tops Estimates

We have resumed dividend payments and announced an inaugural share buyback programme as we are committed to returning capital to our shareholders.

Banks expect ECB rate at 0% by year-end after hawkish turn

The updated calls brought banks somewhat more in line with market pricing.

Nordea expects higher 2022 costs but better profitability

The Helsinki-based bank is now aiming for a return on equity above 13% for 2025

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